Can a property be mutated? A beginner’s guide to property mutation!

Over the past decade, the city of Nizams – Hyderabad has emerged as one of the largest employment hubs of India and has been the center of tremendous developments. Standing strong as the home to the second largest number of SEZs in India, Hyderabad has attracted several migrations from all over the country owing to the vast expanse of opportunities. This massive inflow has generated a demand in the real estate sector. One thing that makes Hyderabad a worthy hub for investment is the presence of properties that cater to everyone, from affordable properties to premium luxury options. The infrastructural development of Hyderabad is top-notch and the developments of the city have taken their spot on the global stage.

About Property Mutation

Mutation of property is the process of changing the title ownership from the original owner to the new owner when an immovable property is transferred or sold. It needs to be carried out in all cases of property transfers, be it by sale or purchase, gift, or inheritance. As land is a subject of the state, each state has a record of all land and property deals that act as proof of ownership and help the common man safeguard their property investments. All the information regarding land records is registered and this minimizes the potential for property-related frauds.

After the process of mutation, the new owner obtains the title of the property registered in the land revenue department. It enables the government to charge property tax. The process of mutation further helps the government in determining the tax liability in the case of a change in ownership.

Process of Mutation

Mutation of land takes place in the Block Land & Land Reforms Office.

  • The applicant must apply for property mutation in the prescribed format and be physically present at the office along with all relevant documents
  • The departmental authority can conduct physical verification of the property as a precaution
  • Once the government departmental authority accepts the land documents, the certificate of mutation is issued after the payment of prescribed mutation fees
  • It can take up to a month for the municipality to update its records to show the changes in land ownership and issue a mutation certificate
  • With the technological developments of the country and the digitization of land records in most states, now the process of the mutation can be done online

Is Property Mutation Mandatory?

Property mutation is not mandatory, but the process should be completed as early as possible to ensure that the property is in one’s name in government records.

  • A person needs proof of the mutation when the person plans to sell the property in the future and not having mutation papers can affect your chances of selling the immovable asset
  • As the penalty for not completing mutation is very less (₹25-₹100), most people choose to postpone the process
  • It is legally advised and is safe if the property mutation is carried out immediately after the purchase is done from the point of view of the transfer of ownership
  • Property mutation charges differ from state to state but are in the same range
  • Mutation of property is not a one-time duty as these papers must be updated from time to time. A regular update ensures the authentication of your property records.

At TMR Group, we offer well-planned plots in Hyderabad that are strategically placed in great locations with amazing potential to multiply your investments. Our HMDA approved plots in Hyderabad are built with modern infrastructure and quality amenities that are installed for your utmost convenience. Visit to know more about us and our brilliant projects, and get in touch with us for site visits!

Hyderabad – an investment haven for NRI’s

A Non-Residential Indian (NRI) is described as someone who is resident outside India with Indian citizenship or is of Indian Origin. The legal definition is explained under the Foreign Exchange Management Act 1999, “Someone who resides outside India for, employment, carrying on business or vocation in circumstances as would indicate an intention to stay outside India for an indefinite period”. It also says that an individual will also be considered NRI if his/her stay in India has been less than 182 days during the preceding financial year.

Hyderabad as an Investment Hub

The Land of Nawabs has a 400-year-old history and culture and is one of the most rapidly growing modern cities in India. The overall infrastructure and connectivity have evolved exponentially over the past 10 years. Improvement in the framework of the city has made a noteworthy impact in the favor of real-estate developments making it an ideal spot for local and foreign investments.

The important factor to consider before making the investment is the fact that Hyderabad is the centre of upgraded residential infrastructure, less costly housing and upcoming possibilities in the housing and industrial sectors. Besides, Hyderabad is likewise celebrated for its wealthy culture, appropriate general of residing and happening, humming social life. Hyderabad is now acknowledged globally because of the heightened political balance and the authorities’ recognition at the development leading to big-leagues like Deloitte, Accenture, Wipro, Tech Mahindra, Infosys, Amazon, Apple, and so forth are simply among the few pan-India and global significant businesses which have their workplaces here.

NRI buyers are intrigued to invest in India, through a more simplified format of engagement along with trustworthy developers and properties that are registered under RERA.

Why NRI’s Prefer Investing in Hyderabad

As an NRI, making an investment in India, the transaction made is in INR or Indian Rupees. The price difference between the American Dollar and Pound Sterling is massive in comparison to Rupees, and if applied wisely, this may be used for your very own benefit.

This clearly offers an experience of delight to carry influx into the Indian economic system whilst making an investment in a belongings to help you earn sales in the foreseeable future. This may even assist to stabilize the Indian market, which in flip will assist your advantage price.

Many NRI’s are considering residing in India. They would really like to expand their profession with start-ups primarily based totally out of India or release their very own start-up and lots of them look forward to settling in Hyderabad, with their families.

NRIs can put money into actual property in India and may nevertheless control to shop tax like an everyday Indian resident. Tax deduction on domestic loans on precept compensation and hobby issue may be claimed with the aid of using the NRIs. Apart from this, for belongings bought after years from the date of purchase, earnings so earned at the capital advantage are exempted from the earnings tax.

TMR Group presents a plethora of opportunities for NRIs to invest in NA plots in and around Hyderabad with multiple projects that suit their needs. Be it for residential or commercial purpose, open plots by TMR Group in Hyderabad makes it an ideal choice. If you are an NRI and are looking to invest in the best plots in Hyderabad, your search ends here.

Hyderabad – Destination of a lifetime

Hyderabad – Destination of a lifetime!

Hyderabad – The city is already known for its historical significance, for its Charminar, pearls and geography is now also gaining popularity for its social infrastructure and other advancements. The city is already hosting big multinationals from the Information Technology sector offering employment to millions of Indians. Hyderabad stands as the second-largest city in India with respect to the total land area and has over 200 engineering colleges in its vicinity. With its IT exports, the city ranks number two in India making it the favourite choice for Investment.

Geography, Climate and more

Hyderabad is located just 500 kilometres south from the geographical centre of the country and is blessed with bountiful nature. The city is well-connected to all the major cities of India. The social infrastructure within the city speaks for itself as of the finest in the country along with the possibility for the city to spread in all the possible directions as not blocked by seashore or state boundaries. The city hosts people from all parts of the country making it multi-lingual, multi-cultural with a variety of food, lifestyle and entertainment choices clubbed with relatively low cost of living.

Placed at 536 metres altitude on Deccan plateau, it has fairly warm weather through most parts of the year. The city witnesses moderate summers, winters and downpours making it pleasant throughout the year. To add one more feather in its hat is a rating by the industry: Hyderabad is 3rd best city globally according to LinkedIn IT Talent Survey – 2014.

Heritage, food and infrastructure

Apart from the 400-year rich history and culture, the city is also blessed with forts, palaces and museums. Not just this, the city is world-famous for its delicacy – Hyderabadi Biryani. Hyderabad is also known as the knowledge capital of India because of several acclaimed institutions such as IIT, ISB, Nalsar and more. It’s also a Hub of leading International IT giants, pharmaceutical companies, research institutes and laboratories. These make it one of the prime destinations for land for sale in Hyderabad.

 With a wide range of world-class hotels, social infrastructure and other essentials, the city stands super poised when it comes to lifestyle. Construction in Hyderabad is comparatively economical than other cities which in turn, reduces project cost for the city making it favourable for purchasing open plots for sale in Hyderabad.

Hyderabad gives away many reasons for people to love it. With constant evolution, Hyderabad is transforming better and clean. With all this, investing in Hyderabad becomes a wise choice to gain momentum in the real estate industry or to buy plots for sale in Hyderabad. At TMR Group, we ensure that your property purchase becomes something more than just a transaction. Hence, buying a piece of land with TMR as an investment can fetch you something more than just money. It would promisingly give you an experience that is matchless and priceless. It’s one of the premium gated community plots in Hyderabad. Come, plunge into an experience like never before with TMR and dream start your aspirations in your very own Hyderabad.

Does location play an important role in buying a plot?

Does location play an important role in buying a plot?

Buying a plot and investing in land can be seen as the culmination of one’s dreams of creating a legacy for the future generations. In addition to being an important asset that adds to our finances, a plot gives us a great holiday home for the entire family to experience peace and serenity in. Hyderabad is steadily transforming itself into a powerhouse of trade and commerce, constantly pushing its boundaries and redefining the suburbs. As the city expands, it is creating a wide range of opportunities for investing in land in the peripheral regions of Hyderabad and Telangana. As new places are opening up for investment, the question arises – does location play an important role in buying a plot? The answer is YES of course! Let’s look at some of the important reasons why choosing the right location plays such a crucial role.

Easy accessibility:

Buying a plot is done from the perspective of building a financial asset. But investing in land needs careful consideration of several factors which may affect the value of your investment. One of these factors is accessibility. It is true that most of the plotting projects are located in the outskirts of the main city where land is easily available at affordable rates. But does the location and the land that you wish to invest in have the right transportation facilities to and from the city? A lack of good transportation facilities can create a lot of difficulties in the future. The plot that you invest in should provide easy access to the bus and railway station nearby. Additionally, it should also be connected to the important main roads so that travelling to these plots isn’t an issue.

Proper infrastructure:

The location that you choose to invest in should be equipped with all the infrastructural facilities required for a modern lifestyle. A dependable supply of water and electricity are a must as we cannot imagine a life without them in this day and age. Other pre-requisites for good infrastructure include paved roads, the existence of schools and colleges i.e. educational institutions, or at least the possibility of them being built in the future, medical facilities nearby, shops and convenience stores – the list goes on! It is acceptable even if these infrastructural facilities are in their developmental stages, as this shows that there is potential for progress.

Commercial zones:

The location that you decide upon should also be situated such that they provide unhindered access to commercial or business hubs of importance. This is important because you may wish to live in the plot that you have bought or even rent it out for additional income. In such a scenario, there should be an availability of work opportunities to look forward to. This helps your plot gain more value and proximity to business or commercial zones also increases the scope for growth and development.

Due to these aforementioned factors, location proves to be one of the most important aspects that will decide the appreciation of your plot in the future and the ROI that you will earn from it. If you looking for a gated community open residential plot to invest in, TMR Group offers a wide variety of upcoming locations that hot the potential for great returns on minimum investment. With RERA approved plots for sale, TMR has earned the trust of its consumers over the past 16 years and has maintained consistent transparency to become one of the most reliable real estate developers in Hyderabad.